Experian’s (EXPN) Outperform Rating Reaffirmed at Royal Bank Of Canada

Experian (LON:EXPN)‘s stock had its “outperform” rating reissued by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 4,000 price target on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 45.88% from the stock’s previous close.

Several other brokerages have also recently commented on EXPN. Jefferies Financial Group reiterated a “buy” rating and set a GBX 4,600 price target on shares of Experian in a research report on Thursday, May 21st. Stifel Nicolaus restated a “buy” rating and issued a GBX 4,400 price objective on shares of Experian in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, UBS Group reiterated a “buy” rating and issued a GBX 3,700 target price on shares of Experian in a research report on Monday, May 18th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Experian has a consensus rating of “Buy” and an average target price of GBX 4,087.33.

Experian Price Performance

LON:EXPN opened at GBX 2,742 on Friday. The stock has a 50 day moving average of GBX 2,600.47 and a two-hundred day moving average of GBX 2,732.90. Experian has a 12 month low of GBX 2,203 and a 12 month high of GBX 4,101. The firm has a market cap of £24.32 billion, a P/E ratio of 16.78, a price-to-earnings-growth ratio of 2.48 and a beta of 0.83. The company has a current ratio of 0.85, a quick ratio of 0.76 and a debt-to-equity ratio of 100.36.

Experian announced that its board has initiated a stock buyback program on Wednesday, July 1st that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Experian news, insider Lloyd Pitchford sold 39,462 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 2,621, for a total value of £1,034,299.02. Also, insider Eduardo Vassimon purchased 5,650 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was purchased at an average cost of GBX 2,673 per share, with a total value of £151,024.50. Insiders have bought 87,031 shares of company stock valued at $230,517,957 over the last ninety days. Company insiders own 0.67% of the company’s stock.

About Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.